Helping Gensler: Proponents Look to Gin Up Support for Push Against Activist Hedge Funds
Also, crypto firms get aid from House's Flood and Torres on custody rule; State Street to give ETF investors more say in voting shares
Gary Gensler’s effort to make hedge funds more quickly disclose big stakes in companies is getting some well-placed help. Sources say the office of Democratic Sen. Tammy Baldwin has been reaching out to some liberal allies and pro-shareholder groups asking them to publicly support the plan.
The SEC re-opened the comment period for the proposal last mont…